Fed to announce balance sheet unwind in September, hike rates in fourth quarter: Reuters poll

BENGALURU (Reuters) – The U.S. Federal Reserve will announce plans to shrink its more than $4 trillion balance sheet in September, according to a Reuters poll of economists who also said the central bank will wait until the fourth quarter before raising rates...

Muppets Studio says Kermit the Frog actor was dismissed for ‘unacceptable business conduct’

The Muppets Studio is blaming “unacceptable business conduct” for its dismissal of Steve Whitmire as the longtime performer of Kermit the Frog. This explanation, issued Monday, follows Whitmire’s emotional blog post last week after his firing was...

Who needs the USA? These 11 countries are trying to cement a major free-trade deal without it

The current “spaghetti bowl of bilateral trade deals” across the region fails to address issues faced by multinational businesses, such as compliance with multi-jurisdictional supply chain regulations and intellectual property rights behind borders, he...

Trump threatens Venezuela with sanctions, calls Maduro a ‘bad leader’

“The United States will not stand by as Venezuela crumbles. If the Maduro regime imposes its Constituent Assembly on July 30, the United States will take strong and swift economic actions,” Trump said. Maduro’s foes are demanding a presidential...